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Wed, 23 Jul 2008

Webster posts 2Q loss of $28.94M
WATERBURY, Conn. – Webster Financial Corp. (NYSE: WBS), the parent of Webster Bank N.A., today posted a second-quarter loss of $28.94 million compared with its year-ago profit of $35.47 million. But, added Chairman and CEO James C. Smith, “we have very strong capital levels that are critical in these uncertain times.”

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